Have you ever mined any crypto? Was it profitable?

In the past it was profitable back when we were using Amazon AWS free tier to mine xmr but now it's best to start a meme coin and be lucky than to mine but everyone can try anything
 
Back then I used minergate mining xmr, extremely easy and well earned. but since minergate closed, i don't mine anymore
 
Lol I remembered I did verus mining with 4 phones. instead of making a profit, it actually makes a loss. but it's okay, it's just for fun
 
Forget about mining popular cryptocurrencies. I have a stack of 30 laptops that I tried mining on. These "crocodiles" consumed so much electricity, far more than they ever earned anything substantial.

The only way it could work is if someone gifts you a phone farm and you don’t have to pay for electricity — but I think that only happens in fairy tales.

The only viable methods today are:

  1. Mining some little-known tokens and hoping they’ll rise in value.
  2. Mining on servers. The forum rules forbid going into detail; I’ll only say it can be profitable in a sense, BUT only if you use certain tricks to avoid paying the full server rental cost (I am not encouraging breaking the law in any way. My information is for educational purposes only). Providers are very smart, and your server might last from 1 day to 1 month.
A new type of retail has emerged in crypto — not just smart retail. This is an audience evolving alongside the market. In 2025–2026, simply clicking buttons no longer works. You need to see patterns, know how to work on-chain, understand economics, analyze competition and ROI, automate some processes, and simultaneously keep in mind counterparty and contract risks.

The market is getting tougher and more complex — but in a way, that’s not a downside, it’s a filter. The higher the knowledge and skill barrier to entry, the fewer random people are competing for real life-changing opportunities.

I hope the moderators forgive this digression from the topic of this post, but I find it useful to mention:
With the arrival of new laws and regulations, the crypto market is becoming the new financial system 2.0.
If you’re interested, read about MiCa, Travel Rule, CARF, DAC8.
This is especially relevant for those living in Europe — I recommend reviewing this material.
Why am I saying this? Because if you used to earn and didn’t pay taxes, now you’ll have to share your profits with the tax office.
 
It was profitable like 10 years ago, these days you need specialized equipment to mine any coin that’s worth it (BTC, RVN, etc..). Major cost factor is also the energy consumption, which makes it harder in pretty much any western country unless you’re going heavy on solar panels.
 
I’ve seen people try mobile and small-scale mining, but for most in 2025 it’s rarely profitable after electricity, hardware costs, and competition serious returns usually need efficient setups and careful cost tracking.
 
I participated in several phone-based mining programs, but the profit was almost zero.
 
I’ve never mined crypto personally, but mobile mining is usually not very profitable energy costs and low hash power often outweigh earnings.
 
Some of the crypto coins even allowed mining on phones. Have you ever mined ang crypto coin? Was it profitable?
Mining can be profitable, but it depends on electricity cost, hardware, and the coin. Phone mining usually isn’t worth it due to very low returns.
 
I do have crypto mining farm in Türkiye . It’s not profitable if you don’t have huge farm. I guess new mining on telegram , like fragment username buy&sell
 
Only people making money with retail crypto mining are the electricity companies and GPU suppliers.
 
I've been mining for a long time, starting with LTC mining on GPUs in 2012. I could only make a profit by investing in electricity and storing my crypto. But LTC was worth 30 USDT back then, and it's still worth the same 10 years later. Hardware is constantly becoming obsolete. Based on my experience, I don't see the point in wasting time and energy on this. It's easier to just buy crypto and not invest in unknown tokens.
 
I started with PI Network pretty early and it was profitable. The best thing is to enter early in the mining phase and accumulate as many coins (or tokens) as possible.
 
Made a few cents, lol. Honestly, nope, it's not worth it!
 
PI Network was a good mining opportunity for me. Ofcourse, all out now.
 
I don't think it would be 'profitable' to this date, especially if we are talking about the amount before that you can mine with it. Lol brought so much memories.
 
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